CUET Accountancy 2025 22 May Shift 1 PYQs

Which of the following company, by its articles, restricts the right to transfer its shares?

In the event of the death of a partner, the ratio in which the continuing partners acquire the share from the deceased partner is called .......

Dissolution of a firm takes place on the happening of certain contingencies in the following cases:(A) By the death of a partner
(B) By the adjudication of a partner as an insolvent
(C) When the business of the firm becomes illegal
(D) If constituted for a fixed term, by the expiry of that termChoose the correct answer from the options given below:

What does 'E' stand for in ESOP?

A and B share profits in the ratio of $3:2$. C was admitted as a partner who gets $\frac{1}{5}$ share. New profit sharing ratio, if C acquires $\frac{3}{20}$ from A and $\frac{1}{20}$ from B, would be: